Work to construct 580 new apartments in Salford is due to start in April after developer Knight Knox revealed plans for its £75M Adelphi Wharf residential scheme.
The project, located on the banks of the River Irwell, will be built in three phases with the first expected to complete in August 2016. This first phase will consist of 202 luxury one, two and three bedroom apartments, including studio and townhouses.
The 450,000 sq ft scheme will also include an onsite gymnasium, secure bicycle storage, underground parking for residents and a landscaped garden.
Subject to planning permission, Fortis Developments will act as developer for the project.
Fortis director Kieran Moore said: “Fortis Developments has worked closely with Salford City Council and Urban Vision to ensure that the design and visual impact of Adelphi Wharf complements the area, while incorporating modern architecture along the city’s water front.
The development will be also be let and block managed by Fortis Lettings and Management.
Mr Moore added: “Adelphi Wharf is an exciting project, which we expect the whole area to benefit from, enhancing the city’s growing reputation and breathing new life into this currently vacant site.”
Knight Knox sales director Martin Copeland said: “2015 is set to be a very exciting year for Salford, due to significant investment into the city’s regeneration.
“We’re thrilled to be providing the area with high quality residential property and valuable investment opportunities, while boosting our portfolio with such a distinctive scheme.”
The Adelphi Wharf scheme follows the on-going £650M Salford Central regeneration mixed use project, which is expected to be completed in 2018. Salford Central is being developed by English Cities Fund – a delivery vehicle established by Muse, Legal & General and the HCA in partnership with Salford City Council.